The three main listed data vendors all reported positive first quarters last week, although Interactive Data Corp. saw a drop in income as a result of costs and expenses.
Reuters' total revenues grew by 13 percent to £633 million for the quarter, which included a four percentage point gain from beneficial currency movements and a five percentage points boost from the acquisition of Telerate. Underlying growth was four percent, in line with its expectations.
The vendor also credited the Telerat
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails